Lending Quality Assurance Analyst

What You’ll Do

• Perform Quality Assurance reviews on Figure’s lending products, such as HELOCs and DSCR loans
• Assist with monthly QA/QC reporting, data analysis, and defect trending within QA/QC software and tools
• Recommend underwriting and change-management enhancements based on QA audit results and industry/investor product changes
• Underwrite Figure loan files for income calculations, assets, red flags, credit, and collateral.
• Review file data integrity and identify defects in the loan production process
• Perform credit analysis, ensuring all loans meet agency and investor eligibility
• Review pre-closing loan documents to ensure compliance with all Federal, State, and local compliance requirements and regulations
• Work closely with Lending Operations on trending defects and remediation

What We Look For:

• 5+ years of quality assurance, post-closing, lending operations, or related experience
• Underwriting experience is a plus
• Bachelor’s Degree
• Ability to handle several projects at once while staying organized, detail-oriented, and diligent
• Ability to work effectively across functions to achieve common goals
• Strong communication skills - ability to articulate verbally and in writing, plans, processes, policies, and issues to stakeholders
• Ability to thrive in a fast-paced startup environment
• Experience navigating and applying Fannie Mae conforming, and investor and aggregator and non-conforming underwriting guidelines
• Competency in, and understanding of investor, rating agency, and third-party review requirements
• Knowledge regarding federal and multi-state regulations impacting the mortgage industry a plus
• Strong analytical skills, attention to detail, and time management
• Ability to handle multiple assignments in a high-production, timeline-sensitive environment with minimal supervision
• Excellent verbal and written communication
• Proficient in Microsoft Office products, especially Excel, as well as QA testing software

Salary

• Base Compensation Range: $72,160 - $108,240/yr
• 25% annual bonus target, paid quarterly
• Company equity in the form of RSUs

Benefits

• Comprehensive medical, dental, and vision coverage, with 100% employer-paid premiums for employees and their dependents on select plans
• Company HSA, FSA, Dependent Care FSA, 401(k), and commuter benefits
• Employer-paid life and disability insurance
• 11 observed holidays and PTO plan
• Up to 12 weeks of paid family leave
• Continuing education reimbursement